SOLD
Sold on 13 Dec 2023 for $235,000

510A/10 Droop Street
Footscray VIC 3011

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
Land area: 2689m2
Sold By
Justin Voglis
NELSON ALEXANDER FLEMINGTON
Robert Enes
NELSON ALEXANDER FLEMINGTON
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Property Details for 510a/10 Droop St, Footscray

510a/10 Droop St, Footscray is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 2689m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Footscray in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
39m2
Land Size
2689m2
Local Government
Maribyrnong
Lot/Plan
510A/PS539210

Last Listing description (January 2024)

Set well back from the street, this fifth-floor Westville Central apartment makes a great addition to any property portfolio thanks to its quality features, secure surrounds and brilliant location with the best of Footscray at your fingertips.

Excellent presentation throughout, the apartment's efficient design highlights a double bedroom with mirrored robes complemented by a stylish bathroom with fully-tiled shower. Filled with natural light, the open living/meals area is adjoined by a stone-bench kitchen complete with stainless steel cooking appliances (including microwave) and dishwasher. Add to this an undercover north-facing balcony, split-system heating/cooling, additional panel heater and concealed laundry facilities, plus a secure entrance foyer and residents' rooftop terrace to enjoy.

Footscray's endless array of cafes, restaurants, shops and fresh food markets all around the corner, it's also close to the tram stop, local buses and Footscray Station, as well as easy access to Victoria University, Footscray Park and Maribyrnong River trails.

Property History for 510a/10 Droop St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$235,000
13 Dec 2023
Listed for Rent
$290/w
27 Oct 2020
  • 13 Dec 2023
    Sold for $235,000
  • 23 Nov 2023
    Listed for Sale Under Offer
  • 19 Mar 2021
    Transferred
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About Footscray 3011

The size of Footscray is approximately 5 square kilometres. It has 25 parks covering nearly 15.1% of total area. The population of Footscray in 2011 was 13,202 people. By 2016 the population was 16,336 showing a population growth of 23.7% in the area during that time. The predominant age group in Footscray is 20-29 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation. In 2011, 42% of the homes in Footscray were owner-occupied compared with 36.6% in 2016.

Footscray has 14,292 properties. Over the last 5 years, Houses in Footscray have seen a 8.94% increase in median value, while Units have seen a 14.88% increase. As at 31 October 2024:

  • The median value for Houses in Footscray is $950,860 while the median value for Units is $495,776.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 108 properties listed for sale, and 47 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 574 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.